tsb - apex

[hajzel]

Hello everybody

 

I have a loan from LLOYDS bank taken out in Nov 2007 of £12 500 with APR 16,5% without a PPI for 60 monhts. .

 

 

My every month's payment is £ 302, never missed one single payment.

 

This week I am made redundant and still do not have another job so, I am going to sign up for JScontribution or JSA.

 

I want to write to the bank and ask them for a settlement. I want to offer them

 

1. a 40% - max .60% payment and the rest to be written off /cca £ 2500 - 4000 from £ 6 200/ or

 

2. to get a reduced monthly payment - the minimum I would be able to afford from JSC/JSA or

 

3. to get at least 6 months payment free holidays until I get up on my feet again.

 

What if they will not agree?

I have to stop paying from the next month and do not know how soon I could start paying it again.

 

 

What can they do against me after stopping paying?

 

 

If I get just £ 284 a month from Job Centre they hardly see any money at all......

 

Thanks for your answers.

[MandM]

Hi hajzel.

 

If you took the loan in Nov 2007 for 60 months and have not missed a payment how is there £6200 still outstanding in month 59?

 

Mike

[hajzel]

That is a good question.....but not for me.

 

 

I am looking at the agreement to make sure,

 

 

as I said the loan amount is £ 12 500,

monthly payment £302,37,

number of repayments 60,

 

 

total amount payable £18 142,20,

APR 16,9%.

 

total charge for credit £ 5 642,20

and annual interest rate 15,76%.

 

Every months I pay £302,27 but get back INTEREST CHARGED at the moment cca £ 85,

but at the beginning f. ex. £150.

 

Right now I see the mistake, it was taken out in Nov 2009.

 

 

My mistake, still 2 years to go.

[hajzel]

Hello everybody,

 

In December I lost my job and so far I dont have any other.

 

I have a loan cca £6 000,

I used to pay £ 300 a month and I had to stop paying it.

 

I have sent to the bank at least 3 letters about my situation,

but they never answered them and my account is growing and growing becausse of an interest.

 

What should I do now?

 

To keep sending them letters...

or is it possible to try a bankrupt or Debt relief Order...

 

. Would that be for me?

 

My only possesion is an old car worth cca £ 2000.

Thanks for every advice.

[Conniff]

Did you send them by recorded delivery? If not send them again.

 

Age might play a part on the way forward.

 

Are you paying anything off the loan?

[hajzel]

Yes, I did send it by recorded delivery and I have a proof of it.

 

 

I am sending another tommorow again and will have to ask

,,national debtline,,

if I can apply for Debt relief Order.

 

 

Can the bank ignore me like this?

 

No, I dont pay anything.

 

 

I had to stop and because they dont speak to me I dont know how much I can if anything or nothing.

 

I am 35 years old if it helps.

 

thanks again

[Conniff]

35 is no age at all and bankruptcy seems a harsh step to take for such a small amount. If you were a lot older and had nothing to lose then it might be a different matter.

 

Give this charity a go, they will put you right - http://www.stepchange.org/

[dx100uk]

yes i'd question going BK or DRO

tell us the history of the loan please

 

got PPI?

 

dx

[hajzel]

hi.

my letters to LLOYDS BANK cannot still get through.

 

I am sending them to PO BOX 42 /I also tried PO BOX 43/, PETERLEE, COUNTY DURHAM, SR8 2YQ. all were recorded.

 

I have sent another letters to COSTUMER SERVICES and COLLECTION CENTRE.

 

I also changed my coresponded address.

 

Where should I write to get any answer?

 

I need to change my payment for the loan,

 

I cannot afford it any longer and have stopped paying it 6 months ago.

 

thanks

[Conniff]

Are you saying your letters were not signed for or were signed for but not responded to ??

[hajzel]

when I checked the delivery status /where the letter is at the moment/ it says delivered to the country and then absolutely nothing. does the address in Peterslee exist?

[dx100uk]

http://www.consumeractiongroup.co.uk/forum/showthread.php?309943-Lloyds-Customer-Support-Debt-Management-contact-details.&p=3456012#post3456012

[Conniff]

Or go direct to the top with

 

Registered Office:

25 Gresham Street,

London EC2V 7HN

[stifle]

Or go direct to the top with

 

Registered Office:

25 Gresham Street,

London EC2V 7HN

No point, it just gets forwarded to the customer service centre. I used to work for LBG and I know their procedure.

[hajzel]

hello people

 

I need a piece of advice.

 

LLOYDS TS BANK sold my debt to APEX about 2years ago.

 

To this day my debt is £ 6 161,46.

 

Today I spoke to APEX about a question to clear off my debt.

 

After some negotiation I agreed with £ 3 075, 50 to pay out everything, cca 50%.

 

But now I am not sure if I did well and should pay it or wait and try again some months later.

 

Should I stick with this sum or is there a possibility to pay even less?

 

Thank you

[theoldrouge]

Slow down!!! What is the debt for credit card/ loan/overdraft?when is it from?

[hajzel]

It was a loan taken from LLOYDS TSB BANK and when I stopped pay it because I couldnt afford it the bank passed it to APEX.

To this day my debt is £ 6 161,46.

[theoldrouge]

First step cca request under s77 to Apex, any ppi on the loan?

[hajzel]

no PPI, I won it through the FO.

I asked for the consumer crediticon Act 1974 from the bank and got it I think.

I just would like to know if to accept or no. Or to wait and try later.

[Guest]

what was the initial loan amount?

[hajzel]

I borrowed cca £ 12 500, now it is £ 6 161,46.

[Guest]

I borrowed cca £ 12 500, now it is £ 6 161,46.

 

ok. do you know how much interest you've paid so far

 

could take the capital amount plus statutory interest.

then take off the interest, and amounts to the capital, already paid.

then consider the net as at least max offer? see if thats less.

 

but also cld take into account that the buyers dont buy it for much.

 

and whether there is anything else to claim back/any dispute

[theoldrouge]

Apex will have paid around £616 for this

 

So do you feel you have got a good deal?

[dx100uk]

three threads merged on same debt

 

 

please keep to one thread only

per debt.

 

 

else makes it a waste of time for those that have already tried to help

 

 

dx

[dx100uk]

send Lloyds an sar.

 

 

get all the statements.

 

 

check there are no PENALTY fess levied, I bet there are!

 

 

dx